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nearing support at 86 cents but drop below EMA 50, 100 and 200. EMA 200 has not been breached since Apr 2005 so bearish signal, needs to close above this support turned resistance on high volumes to reverse bearish trend.
FA wise, still good, no deterioration in fundamentals from my perspective, this one is one of ML favourites
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terence, thanks for your view. I've held this stock for a long time and was unsure how it was doing. Hope your view is right. :-)
I think this stock is definitely going to go up. But how high? This will depend on the company's management team. But I feel the boss Mr Goh Lik Tuan has done a great job in transforming the co. from a PC maker to an OEM co. Heard the co. could continue to pay good dividends. In HY2006 they just paid 4 cents. Ideal for mid to long term investment.